Veoh will end its operations in November. The video sharing website was another alternative to users who did not want to use Youtube. Options are becoming limited as it appears video sharing transforms into a monopoly. Those who have Veoh accounts will not lose their uploaded videos. The owner of Veoh known as FC2 inc. will transfer accounts to its host portal website. Users can opt to not have accounts and data transferred. Veoh launched around 2005, the same year as Youtube. The question remains why did it fail to be a formidable competitor. Certain business decisions, disputes over copyright, and marketing are possible factors. Users are least not likely to try a video sharing service they are unfamiliar with. When Google purchased Youtube, the company got an advantage. Algorithms could be adjusted to feature Youtube at the top of the search engine list. Veoh was accused of copyright violations related to music and various videos. The copyright cases ruled in Veoh's favor that they were taking required steps to stop copyright violations. When it came to marketing, Veoh was not as recognizable. More people would have knowledge about other platforms than Veoh. Attempts to attract content creators were limited. Poor choices related to business resulted in layoffs and filing chapter 7 bankruptcy in 2010. The venture capital arrangements were not utilized to a degree that made the company secure. Veoh could have rivaled Realplayer. The problem was the Veoh Player was prone to glitches and was not that innovative. Although Veoh will no longer exist, its contributions to early video sharing cannot be underestimated. Video sharing has become a major part of the tech industry.
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